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MKB
Mackenzie Core Plus Canadian Fixed Income ETF • TO

MKB Dividend Calculator: Forecast Your Returns

See how much monthly passive income you can generate from Mackenzie Core Plus Canadian Fixed Income ETF. Calculate dividend growth with DRIP and compound interest using real-time data.

Current Price
CA$18.72
0.16% today
MKB

Dividend Income Calculator

Adjust parameters to see how your investment grows
Investment value: CA$1,872.00
Shares: 100

1 Year

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30 Years

0% (No Growth)

10%

20%

0% (No Growth)

10%

20%

DRIP (Reinvest Dividends)
Automatically reinvest dividends
Annual Contributions
Add money to investment yearly

0% (Tax-Advantaged)

20%

40%

The Snowball Effect: DRIP vs No DRIP

With DRIP
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DRIP (Dividend Reinvestment Plan) significantly accelerates portfolio growth through compounding.

Is MKB a Good Investment for 2026?

Based on the current price of $18.72, MKB offers a solid dividend yield of 3.69%. This is higher than the S&P 500 average.

Historically, Mackenzie Core Plus Canadian Fixed Income ETF has raised its payouts by an average of 8.7% annually over the last 5 years.

With a payout ratio of N/A (ETF), the dividend appears safe.

MKB vs Popular Alternatives

ETF / StockCurrent Yield5Y Dividend GrowthExpense Ratio
MKB
MKB
Mackenzie Core Plus Canadian Fixed Income ETF
3.69%8.7%0%ACTIVE
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JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
11.66%-0.35%Calculate →
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SCHD
Schwab U.S. Dividend Equity ETF
2.99%9.2%0.06%Calculate →
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VOO
Vanguard S&P 500 ETF
1.06%6.6%0.03%Calculate →

Frequently Asked Questions about MKB

How much does MKB pay per share?

MKB currently pays an annual dividend of $0.69 per share, distributed monthly.

When is the next ex-dividend date for MKB?

The next ex-dividend date for MKB is expected to be October 1, 2026. To receive the payment, you must own the stock before this date.

Is MKB a good dividend stock?

MKB has a dividend yield of 3.69% and has grown its dividend for 4 years. Its payout ratio is 0%, indicating poor dividend sustainability.
Your Annual Dividend Income
$48.37
Monthly: $4.03
Value after 10 Years:$4,055.65
Future Yield on Cost:11.3%
Total Dividends Earned:$836.55
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MKB Dividend Health Check

Dividend Yield3.69%
Moderate Yield
Payout Safety
Pass-Through
Fund pass-through
Growth Streak4+ Years
Dividend growth streak is not yet established
Short History
Payment FrequencyMonthly
12 payments per year
Next expected payment:
October 8, 2026